Calling all investors, developers, and visionaries! Exceptional opportunity in the heart of San Pedro with endless potential on a spacious 6,076 sq ft lot. This 2-bedroom, 1-bath home offers 890 sq ft of living space and is primed for your next project. Unlock the possibilities with multiple value-add opportunities: a detached bonus structure ideal for a home office, studio, or future ADU, plus an oversized rear garage with strong conversion potential. The generous lot size opens the door for expansion or multi-unit development (buyer to verify), making this a standout opportunity for those looking to maximize returns. The property is fully gated in the front, offering privacy and security, with a long driveway that accommodates multiple vehicles-perfect for future tenants or multi-unit use. The outdoor space is a hidden gem, featuring a large, fruit-producing avocado tree and additional mature landscaping that creates a peaceful, private sanctuary feel. Ideally located just approximately 2 miles (about a 5-minute drive) from Cabrillo Beach, enjoy easy access to coastal living, ocean breezes, and all that the San Pedro waterfront has to offer. Whether you're looking to renovate, expand, or develop, this property delivers the space, layout, and location to bring your vision to life.